All A Bit Of A Dryer Argument
Sun Herald
Sunday September 6, 1998
JAMES Packer and Theo Onisforou don't fancy paying for clothes dryers in their Tram 52 residential development in Darlinghurst, which has apartments costing up to $570,000.
All councils usually demand that developers whip up a Hills Hoist. Otherwise they have to fork out for dryers in every unit.
It is understood South Sydney Council has signed off on the development as is. A developer who does put dryers in said Packer and Onisforou aren't saving much by holding out.
"A cheap dryer is $230 while a good Fisher & Paykel costs about $330 wholesale," said the developer. "It's not much." The developers are also refusing to build inexpensive built-in wardrobes in one unit that has been bought by a customer paying top dollar. Option two RETIRED news reader Eric Walters and his wife Carole put their Edgcliffe Esplanade, Seaforth, home up for auction, hoping to pocket more than $1.8 million.
The couple knocked back a bid of $1.61 million for the house, which has views over Middle Harbour and The Spit. Now the property has been listed for sale through Lionel Busquets of L J Hooker Seaforth for $1.56 million. Fare well THE hip Bondi restaurant and bar Liberty Lunch has been sold by its developers and owners O'Connor Kenyon for more than $3.15 million.
Since it opened a few years ago the place has been a popular haunt for Kylie Minogue, Kate Fischer, disgraced Bondi coppers and football legend Tommy Raudonikis. With the tenant's departure last week the new owner has an excuse to raise the $1,000-plus a week rent, which was way below market value for a $3.15 million property.
O'Connor Kenyon has made a killing out of the Ozone building over the years since buying it for $2.7 million in 1995. Double act MICHAEL Freundt, who sold Woolloomooloo's Tilbury Hotel for more than $1.6 million in early 1997, is to make a reappearance in Kings Cross with songstress Genevieve Lemon.
On Friday the duo will launch Xu Supper Time at the Xu Bistro in the Millennium Hotel in Kings Cross.
The Tilbury had long been a hub of Sydney's theatrical establishment and has attracted the likes of Peter O'Toole, Judy Davis and Nicole Kidman in years past.
Stars such as John Waters, Jane Rutter and Julie Anthony have appeared on its tiny stage.
Now, with a bit of luck and good management, it looks like Xu may take up where the famous Woolloomooloo Hotel left off.
On a plate
MINCHEN Zhu has made a triumphant entry into property development with his Star Garden town house project in Kingsford.
The fashion importer behind Target, Katies, Table Eight, K-Mart and Plot sold 10 of the 18 town houses over a dinner of steamed chicken and honey prawns during the week.
It probably helped that the pre-launch graze was attended by friends of Dr Zhu and those who were attracted by ads in the Australian Chinese Times, which he publishes.
The eight remaining town houses in the $8 million project will be finished in about a year and could well sell at the official launch by estate agent Glenn Farah this week.
Prices range from $298,000 to $358,000 for a two-bedroom, two-level town house.
Option two
RETIRED news reader Eric Walters and his wife Carole put their Edgcliffe Esplanade, Seaforth, home up for auction, hoping to pocket more than $1.8 million.
The couple knocked back the highest bid of $1.61 million for the house, which has views over Middle Harbour and The Spit. Now the property has been listed for sale through Lionel Busquets of L J Hooker Seaforth for $1.56 million.
© 1998 Sun Herald
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